Relevant and even prescient commentary on news, politics and the economy.

Tesla stock is defying gravity

Every time Tesla stock declines, there’s another article saying the stock is collapsing. Like every stock, there are spikes in the long-term history, but if you plot a best-fit regression through Tesla stock prices since 2023, it’s been increasing. It is currently at an all-time high.* But some are questioning the relationship between current Tesla […]

Tesla update

According to Tech Viral: “Tesla has abruptly stopped Cybertruck and Model Y production, triggering a nearly 3% stock drop to $348.29, as shown in the finance card above. “The pause, Tesla’s third Cybertruck halt this year at its Austin Gigafactory, compounds delays in Robotaxi plans and Elon Musk’s controversies. “As EV competition intensifies, Tesla’s frequent […]

It’s a casino

“(Reuters) -Tesla shares jumped 10% on Monday, lifted by the long-awaited launch of the company’s robotaxi service that CEO Elon Musk has for years championed as a key driver of the electric vehicle maker’s lofty valuation. “The automaker deployed a small fleet of self-driving taxis in Austin, Texas, on Sunday, marking the first time its […]